Incyte Co. (NASDAQ:INCY) Short Interest Up 47.7% in May
MarketBeat
Incyte Co. (NASDAQ:INCY - Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 9,470,000 shares, a growth of 47.7% from the April 30th total of 6,410,000 shares. Based on an average daily trading volume, of 2,000,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 5.0% of the company's stock are sold short.
NASDAQ:INCY